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2022
Exports $475MWorld Rnk 10 / 172
Flag Rnk 151 / 1216
2022
Destination $9.91M Germany
2021 - 2022
FASTEST GROWING MARKET $9.91MUnited States
2022
PRODUCT COMPLEXITY IN Glass Fibers0.47Rnk 376 / 1025
2022
Imports $370MWorld Rnk 14 / 223
Flag Rnk 318 / 1214
2022
Origin $3.86M China
2021 - 2022
FASTEST GROWING ORIGIN $3.86MSlovakia
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $475M in Glass Fibers, making it the 10th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 151st most exported product in United Kingdom. The main destination of Glass Fibers exports from United Kingdom are: Germany ($106M), Ireland ($43.4M), France ($35.7M), United States ($32.5M), and Italy ($31.4M).

The fastest growing export markets for Glass Fibers of United Kingdom between 2021 and 2022 were United States ($9.91M), Ireland ($5.17M), and Singapore ($3.3M).

Imports In 2022, United Kingdom imported $370M in Glass Fibers, becoming the 14th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 318th most imported product in United Kingdom. United Kingdom imports Glass Fibers primarily from: China ($48.2M), United States ($47.1M), France ($41.4M), Germany ($33.1M), and Czechia ($24.4M).

The fastest growing import markets in Glass Fibers for United Kingdom between 2021 and 2022 were Slovakia ($3.86M), France ($2.47M), and Brazil ($2.26M).

COMPANIES In 2023, leading companies such as Amazon (5), BOEING (3), and ASOS (1) were at the forefront of shipping Glass Fibers from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Glass Fibers exports accounted up to £34M and imports accounted up to £27M, resulting in a positive trade balance of £6.92M. Between June 2023 and June 2024 the exports of United Kingdom's   Glass Fibers have increased by £3.07M (9.95%) from £30.9M to £34M, while imports decreased by £-2.47M (-8.38%) from £29.5M to £27M.

Destinations In June 2024, Glass Fibers were exported mostly to Germany (£9.12M), Italy (£2.39M), United States (£2.23M), Ireland (£2.15M), and France (£2.09M), and were imported mostly from France (£4.17M), United States (£3.44M), China (£2.64M), Germany (£2.21M), and Belgium (£2.05M).

Growth In June 2024, the increase in Glass Fibers's year-by-year exports was explained primarily by an increase in exports to Germany (£3.57M or 85.3%), Ireland (£2.12M or 134%), and Poland (£1.22M or 121%). In June 2024, the decrease in Glass Fibers's year-by-year imports was explained primarily by a decrease in imports from China (£-3.69M or -59.4%), Denmark (£-645k or -64.1%), and Sweden (£-512k or -48.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£3.07M(9.95%)
IMPORT GROWTH (June 2023 - June 2024)£-2.47M(-8.38%)
MAIN EXPORTER (June 2024)Dover Eurotunnel£14.3M
MAIN DESTINATION (June 2024)Germany£9.12M

This section shows Glass Fibers's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Glass Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$475M
IMPORTS (2022)$370M
NET TRADE (2022)$105M

In 2022, United Kingdom exported $475M in Glass Fibers. The main destinations of United Kingdom exports on Glass Fibers were Germany ($106M), Ireland ($43.4M), France ($35.7M), United States ($32.5M), and Italy ($31.4M).

In 2022, United Kingdom imported $370M in Glass Fibers, mainly from China ($48.2M), United States ($47.1M), France ($41.4M), Germany ($33.1M), and Czechia ($24.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$9.91M (43.8%)
Ireland$5.17M (13.5%)
Singapore$3.3M (66.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY United Kingdom WERE (2021 - 2022):
Australia-$20.9M (-84.9%)
Italy-$6.98M (-18.2%)
New Zealand-$5.05M (-76.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Glass Fibers were:
China $3.7B
United States $1.32B
Germany $1.06B
In 2022, United Kingdom's main importing competitors in Glass Fibers were:
United States $1.98B
Germany $1.43B
France $745M

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18.9M
TOP IMPORT POTENTIALChina+ $24.4M

Glass Fibers’s highest export potential is United States. With an export gap of $18.9M.   Glass Fibers’s highest import potential is China with an import gap of $24.4M.

See methodology.

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